Check it Out: Do You Need Social Media Liability Insurance?
There’s a lot of ways social media can go wrong for a business, and the medium’s so new that many of them are unknown.
When lawyers expect a lively discussion on tort, insurance firms won't be far behind. Inspired by the implications of Carroll's video, the Chubb Group put a focus on social media liability earlier this year with press releases highlighting potential risks. It also hosted a "crowd sourcing" summit on managing social media risk that aimed "to identify and reduce the emerging risks businesses face as a result of Web 2.0 platforms like Facebook, YouTube, Twitter, and corporate blogs," i.e., to come up with new insurance products for businesses.
- Companies:
- United Airlines
- People:
- Dave Carroll
- Justin Kurtz
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